State Board Approves Up to $30 Million in Rebated Taxes to Help Sioux Falls Pork Plant
June 16, 2026 | 1 min to read
Construction of a new slaughtering, processing facility is ‘the largest private capital investment in South Dakota history’
A South Dakota board approved rebating up to $30 million in sales taxes to Smithfield Packaged Meats Corp. for construction costs associated with its move from downtown to northern Sioux Falls, raising total state support of the project to $42 million.
Governor’s Office of Economic Development Commissioner Bill Even said in a news release that the company’s construction of a new slaughtering and processing facility is “the largest private capital investment in South Dakota history, and reinforces the critical role agriculture and food processing play in our economy while supporting thousands of South Dakota families and producers.”
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